Companies

The boss of Thames Water, a struggling utility company, has admitted that the company does not have the money to repay its debts before a deadline looms. The UK's biggest water supplier has £1.4bn in external debt due in the next few…

The British Chamber of Commerce stated on Tuesday that UK businesses in China view 2024 as "a pivotal year" where Beijing will address the growing concerns about its faltering economy and investment climate. Beijing-based Chamber of…

Cevian Capital, one of Europe's biggest activist investors, has seen gains of nearly 20 percent this year. This is due to the performance of building materials company CRH which switched its primary listing from London to New York this…

Nvidia is the most valuable chipmaker in the world. It has invested heavily in AI start-ups to capitalize on its dominant position as a processor provider. Nvidia, based in Silicon Valley, announced on Monday that it had invested "more…

EY is considering abandoning its London headquarters, the latest sign that office life is deteriorating as more people work from home. After launching an office property review at its More London location near London Bridge, the Big…

The UK boutique chain's founding directors received a sweet £280mn payout from Mars' acquisition of Hotel Chocolat last week. The acquisition also filled in a gap in the brand mix of the US-owned confectionery giant. As governments…

Huel's boss said that he would be open to selling the meal replacement manufacturer, but admitted that the waning initial public offering (IPO) market in the UK has made it less appealing. James McMaster, the chief executive of Huel…

KPMG's UK partnership is now less than half that of PwC, after the firm has lost its top ranking for the fourth consecutive year due to regulatory fines. The number of equity partner at the Big Four company, who own and share the profits…